Zalando (OTCMKTS:ZLNDY) Releases Earnings Results, Misses Estimates By $0.14 EPS

Zalando (OTCMKTS:ZLNDY) posted its quarterly earnings results on Tuesday. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.14), Zacks reports. Zalando had a return on equity of 3.46% and a net margin of 0.70%.

Zalando Stock Up 1.1%

Shares of Zalando stock opened at $15.04 on Tuesday. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 66.09 and a beta of 1.46. The stock has a 50-day simple moving average of $13.41 and a 200-day simple moving average of $13.45. Zalando has a 52-week low of $10.84 and a 52-week high of $17.37. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.06 and a quick ratio of 0.63.

Wall Street Analyst Weigh In

Separately, DZ Bank raised Zalando from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Zalando currently has a consensus rating of “Buy”.

About Zalando

Zalando SE is a Germany-based online fashion and lifestyle retailer headquartered in Berlin. The company operates a digital platform that offers clothing, footwear, accessories, beauty products and related lifestyle merchandise from international brands, as well as its own private-label offerings.

Founded in 2008 by Robert Gentz and David Schneider, Zalando initially focused on online footwear before expanding into a broader fashion marketplace. Its platform connects customers with brands and retail partners, while the company also provides services such as fulfillment, logistics, marketing and technology solutions through its partner ecosystem.

Zalando serves customers across multiple European markets through localized websites and mobile applications.